| FAS latest price $58.7200 (1.42%) ($58.1400 - $59.1900) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 59 |
Latest Price | $58.7200(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(92%) IVE(91%) DIA(89%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -2.315% in a week (0% probabilities). VIXM(-48%) UUP(-27%) VXX(-16%) TLT(-10%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.315% (StdDev 4.63%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.7% |
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